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TSX Venture Exchange: GTC Positive Pre-Feasibility Study $22,000,000 in Financings TITAN 24 QUANTEC Geophysical Survey 420 Diamond Drill Holes totaling 74,000
meters (242,782 feet) Geophysical Surveys • 296-line km (185 miles) of I.P. • 227-line km (142 miles) of magneto- meter surveys Geochemical Surveys •8,761 samples taken along 296-line km (185 miles) Detailed Geological Mapping 23 sq. km
(14 sq. miles) Metallurgical Studies Environmental Studies Registered with United States – Securities
and Exchange Commission (SEC) - 20F Large Property approximately 269 sq. km.
(104 sq. miles) of mineral claims
Hydrometric Study on streams and creeks
Summary of Getty Mineral Resource Estimates
The Getty ores would be treated with conven-tional crushing, grinding and flotation to produce bulk copper and molybdenum concentrates. The flotation tailings, which contain the oxide frac-tion of the copper ore, would then be treated by industrially proven, acidic vat leaching for cop-per recovery. The combined copper and molyb-denum flotation concentrate will be pressure leached utilizing industrially-proven, nitrogen species catalyzed (NSC) pressure oxidation.
Conventional copper solvent extraction and electrowinning would be used to produce on site LME quality electrowon copper metal cathodes.
The leached molybdenum would be recovered via hydrometallurgical processing to produce molybdenum trioxide on site. A sodium sulphate by-product will also be produced and sold. In addition, the Getty hydrometallurgical plant is proposed to be sized with extra process capacity to accommodate the treatment of outside cus-tom copper and molybdenum concentrates.
Overall, the designed production capacity of the Getty Project metallurgical production facilities is estimated to be 30,000 tonnes of copper metal cathode and 1,300 tonnes of molybdenum triox-ide per annum.
It is also anticipated by Getty, that with modest exploration and confirmatory drilling in the mid-dle of both deposits and further elemental anal-ysis, the total resource and reserve tonnage could potentially be increased along with the by-product credits for potential recoverable molyb-denum, rhenium, silver and gold. The by-product credits would serve to, in effect, increase the copper ore grade (and resultant price and reve-nue per tonne) and enhance the project’s NPV. As well, increasing the mining and processing at higher annual rates because of a larger con-firmed reserve would likely lower the operating costs.
The Company
Getty Copper Inc. is a resource company explor-ing and developing it’s property of approxi-mately 269 square kilometers (104 sq. miles).
The Getty Project is located in the Highland Valley near Logan Lake, in the Kamloops Mining Division of British Columbia, Canada. It directly abuts Teck’s Highland Valley Copper Mine, (with Gold, Silver and Molybdenum by-products), one of the largest mines in the world.
Positive Pre-Feasibility Study
West Coast Environmental and Engineering (WCE) recommends proceeding to a full feasibil-ity study in their recent independent Prelimi-nary Feasibility Study, covering the Getty North and Getty South deposits, filed on www.SEDAR.com
The compilation of both the Getty North and Getty South Reserves indicated that in-fill drill-ing in the middle of both deposits could poten-tially upgrade the resource and add to the cur-rent reserve tonnages. This would enable an increased mining rate to be realized.
Current estimated mine life is 17 years. This assumes a nominal 15,000 tonnes of ore mined per day with an open pit mining operation.
In conclusion, the Getty project offers consider-
able immediate exploration, technical and eco-
nomic upside based on a number of factors
including;
An ideal project setting in a historic and cur-
rently producing mining district with a stable
government, infrastructure and transportation
readily available.
The ready in-fill drilling targets revealed by the
updated pre-feasibility study modeling that are
located in the center of both the Getty North
and Getty South Deposits.
Further potentially recoverable molybdenum,
rhenium, gold and silver credits in each deposit.
No credit was given for molybdenum values in
the Getty South Deposit because of limited
data. Further, the resource and reserves of
molybdenum listed in the Getty North Deposit
are possibly understated due to cropping of
high grade values in the data. Based on histori-
cal production in the Highland Valley, potential-
ly there are an estimated additional 10 million
pounds of molybdenum that may be identified
with some further limited drilling and assaying.
Additional assaying of resource samples is to be
done to quantify the potential precious metals
content of the Getty North and Getty South
Deposits. However, Dr. Morris Beattie, P.Eng in
his 1997 independent flotation testing studies
produced bulk concentrates from composite
Getty ores that assayed as high as 2.97 g/T
gold, 57.8 g/T silver and 0.982 % molybdenum.
This is evidence of the occurrence, quantity and
recoverability of these additional by-product
revenue metals currently present in the Getty
ores. None of this potential additional revenue
is accounted for in the current NI 43-101 Pre
Feasibility Study. However, Metallurgist, Todd
Fayram QP, modeled the value of the addition-
al gold, silver, and molybdenum over the cur-
rent projected PFS mine life of 17 years. These
products potentially amount to an additional
180,000 troy ounces of gold and 2,200,000 troy
ounces of silver mined, recovered and pro-
cessed in the project. At today’s prices, these
by-product metal credits could be substantial
and could increase the project NPV.
Thus, the by-product metal credits potentially
available in the deposits for molybdenum, gold and
silver are potentially recoverable in the metallurgi-
cal processing at Getty. These could raise ore
grade, increase revenue per tonne processed, low-
er overall copper cash costs and potentially raise
the project Net Present Value (NPV).
The potential readily achievable higher mining
and processing capacity could lead to lower oper-
ating costs per tonne of ore mined and a higher
project Net Present Value (NPV).
The potentially realizable and proven economies
of scale derived by raising production, along with
an increase in mine life while recovering more by
-product molybdenum, gold and silver along with
potential outside custom concentrate treatment
could potentially increase the NPV and the IRR.
Industrially proven state-of-the-art metallurgical
technologies have been employed which derive
the full value of the ores on site and also allow
outside materials to be processed at incremental
cost with additional project profit revenue.
Excess incremental metallurgical capacity would
be available in the proposed plant design for
treating outside custom copper and molybdenum
concentrates at an incremental process cost for
a net profit (ie: approximately 9,000 annual
tonnes of copper and about 1,000 annual tonnes
of molybdenum trioxide excess process plant
capacity are available). Utilization of this positive
revenue generation option could significantly
enhance the project NPV and capital payback
period.
The potential quantities of additional gold, silver
and molybdenum disclosed herein in relation to
the Getty Copper Project are not accounted for in
the current NI 43-101 pre-feasibility study. These
quantities are extrapolated from independent
flotation testing studies which produced bulk
concentrates from composite Getty ores contain-
ing assays of gold, silver and molybdenum. The
potential quantities of additional gold, silver and
molybdenum disclosed herein are conceptual in
nature. There has been insufficient exploration
to define a mineral resource and it is uncertain if
further exploration will result in any of these
minerals being delineated as a mineral resource.
The Getty Copper Project
Getty’s initial environmental and mine devel-
opment permitting work is underway and the
Company believes that the necessary mine
development approvals would not be subject
to undue delays. Metallurgical testing, com-
puterized 3D modeling and computerized
calculation of reserve and resource tonnage
estimates are ongoing.
Getty North Deposit
49 million tonnes of probable reserves
averaging 0.40% Cu and 0.005% Mo.
69 million tonnes of drill-indicated
resources averaging 0.37% Cu.
18 million tonnes of drill-inferred
resources averaging 0.27% Cu.
23 km (14 miles) Induced polarization
survey (I.P.) and 16 km of geochemical
survey.
302 drill holes totalling 55,007 m
(180,469 ft.)
Titan 24 Quantec DCIP and MT Survey
Detailed geological mapping of deposit
and surrounding areas.
Computerized resource estimation and
projected initial pit design.
Getty South Deposit
[50% Ownership]
36 million tonnes of probable reserves
averaging 0.40% Cu
45 million tonnes of drill-indicated
resources averaging 0.38% Cu.
23.5 million tonnes of drill-inferred
resources averaging 0.28% Cu
118 Drill holes totalling 19,003 m (62,345
ft.)
Titan 24 Quantec DCIP Survey
19 km (12 miles ) of I.P. and 13 km (8
miles) of magnetometer surveys
20 km (12 miles) of geochemical soil sam-
pling.
1572 m (5,158 ft.) of surface trenching,
outlined extensive copper mineralization
Getty West Zone
The Getty West Zone is located 1.4 km to the
southwest of the Getty North Deposit.
As a result of 13.5 line kilometers (8.4 miles) of
I.P. and magnetometer surveying, a large, 1
kilometer wide I.P. chargeability anomaly was
outlined on the Getty West Zone, which ap-
pears to be striking toward the Getty North
Deposit.
The next proposed phase of diamond drilling is
intended to follow up on the porphyry copper
style mineralization intersected in discovery
diamond drill hole GL96-08, which yielded 42
meters (138 ft.) grading 0.26% Cu with .02%
Mo., including 16 meters (53 ft.) grading 0.42%
Cu and 0.025% Mo.
This proposed follow up diamond drilling may
confirm that another Highland Valley porphyry
copper, molybdenum, gold and silver deposit in
the Getty West Zone or is an extension of the
Getty North Deposit.
The Titan 24 Quantec Geophysical Survey was
completed December 2010.
Glossie Zone
The two large IP anomalies shown as the
Glossie Zone which historical reports state that
in 1915, 19.8 tonnes (21.8 tons) of hand-
selected ore from two shafts was shipped to the
Tacoma smelter. Assay returns were 0.94
grams per tonne (0.03 ounce per ton) gold;
86.25 grams per tonne (2.76 ounces per ton)
silver; and 12.62 per cent copper.
Getty West Discovery Hole GL 96-08 - follow up
diamond drilling may confirm that a new depos-
it exits on the Getty West zone or is a faulted
off section of the Getty North Deposit.
North Valley Zone I.P. Anomalies
Two large intense I.P. chargeability anomalies.
The Southwest anomaly measures 1,200m
(3,900 ft.) by 2,100 m (6,900 ft.) occurs in an
area of favourable geology of Highland Valley
phase , Guichon granodiorite intruded by Beth-
lehem phase porphyritic granodiorite.
The large Northwest anomaly measures
2,600m (8,500 ft.) by 3,000m (9,800 ft.).
Potential Value Drivers on the project
giving it future upside. These include:
The large IP anomaly present in the Getty West
Zone may be indicative of a Highland Valley
type porphyry copper, molybdenum, gold and
silver resource, as shown by the mineralization
in three previous diamond drill holes. Targets
of the next phase of drilling is intended to fol-
low up on the porphyry copper mineralization
intersected in DDH (GL 96-08, 42 meters, ( 138
feet) grading 0.26% Cu with 0.02% Mo including
16 meters (53 ft.) grading 0.42% Cu with 0.03%
Mo.
In addition, DDH GL 97-03, had two adjacent 10
meter intervals (152-162 meters and 162-172
meters) grading 0.205g gold per tonne, suggest
the presence of a zone of disseminated gold.
The very large IP anomalies shown as the
North Valley Zone and the Glossie Zone.
The potential for additional by-product sulfuric
acid and ammonium sulfate fertilizer produc-
tion through the advanced industrial metallur-
gical technology to be employed by Getty may
also be available.
Large undeveloped copper polymetallic re-
source with exploration potential in the heart
of Canada’s copper country.
Environment
NSC bulk flotation concentrate pressure leaching
and agitated vat leaching of flotation tailings with
SX-EW processing to produce 99.99% pure copper
cathodes and Molybdenum Trioxide. These
closed circuit processes are environmentally
friendly.
Land use plan: mining and other resource
based industries permitted.
Getty Property is in a large, existing active
major mining area.
Extensive clear-cut logging on the property.
Hydrometric Studies completed on streams
and creeks.
Environmental base line study, completed by
Gartner Lee Ltd.
No salmon rivers or lakes on the property.
Adjacent to the Valley Lornex and Bethlehem
tailings ponds and mine sites.
This brochure includes certain statements that may be deemed “ forward looking statements”. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may vary materially from those projected in the forward-looking statements. For more information on the risks inherent in the Company’s business, investors should review the company’s annual Form 20-F filling with the United States Securities Commission and its home jurisdiction filings that are available at www.sedar.com. This brochure is qualified in its entirety by the public disclosure record. This is not a solicitation to purchase any securities nor does it constitute investment advice. See your investment advisor or other profession-al advisor prior to considering any investment in securities.
The brochure also refers to “measured and indicated mineral resources” which do not have demonstrated economic viability. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever achieve the status of “ore reserve”.
Directors and Officers:
Dr. Corby G. Anderson, QP CEng FIMMM FIChemE
C.E.O., C.O.O, President & Director
Donald Willoughby, FCA,
C.F.O. & Director
Bernhard Zinkhofer, LL.B, CA
Corporate Secretary
Dennis Milburn, CA, Geologist
Director
John Lepinski
Managing Director
Edward Leung, CGA
Director
Robert Peterson, BSc Engineering
Director
Technical Consultants:
(Current & Prior)
Todd S. Fayram, QP Continental Metallurgical
Services
West Coast Environmental and Engineering
Titan 24 Quantec Geophysical Survey,
Jim Oliver, Ph.D., P.Geo.
Dr. Morris Beattie, P.Eng.
Kevin Newman, B.Sc., P.Geo.
David Shaw, Ph.D. Geology
Lyle Morgenthaler, P.Eng.
Watts Griffis and McQuat, Toronto, Ontario
Eco-tech Laboratories, Kamloops, BC
Chemex Laboratories, Vancouver, BC
Gartner Lee Ltd., Environmental Consultants, Vancouver, BC Peter Walcott & Associates, Consulting Geophysicists, Vancouver, BC
Amex Exploration Ltd., Kamloops, BC
Mike Miles & Associates Ltd., Hydrometric Studies.
Corporate Offices:
1000 Austin Avenue Coquitlam, BC Canada V3K 3P1 Telephone: (604) 931-3231 Facsimile: (604) 931-2814 Website: www.gettycopper.com Email: getty@telus.net
May 3, 2012
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